Page 24 - Tessenderlo Kerley, Inc 2022 Benefit Guide
P. 24

IMPORTANT LEGAL RIGHTS INFORMATION




        Your current coverage pays for other health care expenses in addition to   For More Information About Your Options Under Medicare
        prescription drugs. If you enroll in a Medicare prescription drug benefit,   Prescription Drug Coverage…
        you and your eligible dependents will still be eligible to receive all of your   More detailed information about Medicare plans that offer prescription
        current health and prescription drug benefits."                           drug coverage is in the “Medicare & You” handbook. You’ll get a copy
                                                                                  of the handbook in the mail every year from Medicare. You may also be
        If you do decide to join a Medicare drug plan and drop your current       contacted directly by Medicare drug plans.
        Tessenderlo Kerley, Inc. coverage, be aware that you and your
        dependents will be able to get this coverage back.                        For more information about Medicare prescription drug coverage:
                                                                                  Visit www.medicare.gov
        When Will You Pay A Higher Premium (Penalty) To Join A                    Call your State Health Insurance Assistance Program (see the inside back
        Medicare Drug Plan?                                                       cover of your copy of the “Medicare & You” handbook for their telephone
        You should also know that if you drop or lose your current coverage with   number) for personalized help
        Tessenderlo Kerley, Inc. Employee Benefit Plan and don’t join a Medicare   Call 1-800-MEDICARE (1-800-633-4227). TTY users should
        drug plan within 63 continuous days after your current coverage ends,     call 1-877-486-2048.
        you may pay a higher premium (a penalty) to join a Medicare drug plan later.  If you have limited income and resources, extra help paying for Medicare
        If you go 63 continuous days or longer without creditable prescription    prescription drug coverage is available. For information about this extra
        drug coverage, your monthly premium may go up by at least 1% of the       help, visit Social Security on the web at www.socialsecurity.gov, or call
        Medicare base beneficiary premium per month for every month that          them at 1-800-772-1213 (TTY 1-800-325-0778).
        you did not have that coverage. For example, if you go nineteen months    Remember: Keep this Creditable Coverage notice. If you decide to join
        without creditable coverage, your premium may consistently be at least    one of the Medicare drug plans, you may be required to provide a copy
        19% higher than the Medicare base beneficiary premium. You may have       of this notice when you join to show whether or not you have maintained
        to pay this higher premium (a penalty) as long as you have Medicare       creditable coverage and, therefore, whether or not you are required to
        prescription drug coverage. In addition, you may have to wait until the   pay a higher premium (a penalty).
        following October to join.
                                                                                  Date: 10/15/2021
        For More Information About This Notice Or Your Current                    Name of Entity/Sender: Tessenderlo Kerley, Inc.
        Prescription Drug Coverage…                                               Contact--Position/Office: Kathy Pevan
        Contact the person listed below for further information. NOTE: You’ll get   Address: 2910 N. 44th St., Suite 100, Phoenix, AZ 85018
        this notice each year. You will also get it before the next period you can join   Phone Number: 602-889-8325
        a Medicare drug plan, and if this coverage through Tessenderlo Kerley, Inc.
        changes. You also may request a copy of this notice at any time.







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